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CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
Key takeaways
- Core Weave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100.
- CRWV trades at 8.81x sales after a 19% weekly spike, making $105 near the 200-day moving average the preferred risk/reward entry.
- Quarterly interest expense doubled to $536 million while free cash flow burned $4.71 billion, with full-year CapEx guided as high as $35 billion.
Core Weave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117? Alex Sirois Thu, June 18, 2026 at 11:34 PM GMT+7 5 min read CRWV META NVDA Quick Read Core Weave s $99 billion backlog, which includes a $21 billion Meta commitment, already has 75% of a projected $30 billion 2027 run rate contracted.
CRWV trades at 8.81x sales after a 19% weekly spike, making $105 near the 200-day moving average the preferred risk/reward entry.
Quarterly interest expense doubled to $536 million while free cash flow burned $4.71 billion, with full-year CapEx guided as high as $35 billion.
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